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Property acquired by a partnership is property of the partnership and not of the partners individually.
Structure Mississippi Code
Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 13 - Uniform Partnership Act (1997)
Article 2 - Nature of Partnership
§ 79-13-201. Partnership as entity
§ 79-13-202. Formation of partnership
§ 79-13-203. Partnership property
§ 79-13-204. When property is partnership property